Ethereum’s exchange-traded fund launched on July 23, and its effect is already felt across the crypto market. The news about a net inflow of over $100 million during the initial trading day is fuelling interest among investors for ETH and other Ethereum-based coins. Meanwhile, TRON targets new gains, while RBLK is sailing confidently toward new price surges. Experts project it will have a price jump of 100x after reaching the open market.
Ethereum Initiated a New Era for Crypto
The Ethereum exchange-traded fund (ETF) is a financial instrument created to provide exposure for ETH, a native token on the Ethereum blockchain network. The release of an ETF will make it possible for investors to benefit or lose based on underlying market changes without purchasing Ethereum itself.
However, the successful first day of Ethereum ETFs failed to pump up the price of ETH. At the time of writing, ETH is trading at $3,171, and some analysts predict that the price of ETH might pull back below $3,000 after the launch. Nonetheless, Ethereum’s long-term picture is more favorable as Ethereum trading soars.
TRON Is Building Momentum For a Surge
TRON’s (TRX) market performance outshines Bitcoin, and now analysts debate if the TRON token can move above $0.15. TRX’s price is rising, trading at $0.14 at the time of writing. This is a big turnaround for TRON after experiencing several declines in previous weeks.
TRON is now emerging as one of the leading tokens in the market. The price continues to move up, and TRON is trading above the 50-day and 200-day SMAs.
Rollblock Closes in on Raising $1.5 Million
Rollblock is one of the newest platforms in the iGaming market. It offers a modern online casino that integrates blockchain technology to provide top-notch security, preventing the manipulation of transactions or wagers. The project offers 150 casino games, and the inventory will continue to grow in 2024.
Aside from the immersive gaming ecosystem, investors will be able to tap into the potential of Rollblock’s native token, $RBLK. The play-to-earn token is used as a reward for playing the games on the platform but can also unlock staking rewards and be exchanged for other cryptocurrencies or fiat money. Furthermore, $RBLK holders are entitled to dividend payments from the platform’s profits.
The revenue-sharing model stabilizes the value of RBLK. Every week, Rollblock will purchase $RBLK from the crypto market, a process funded with up to 30% of weekly profits. The purchased tokens will be divided into two halves: one will be burned, and the other half will be allocated to staking rewards. Since $RBLK has a fixed supply, tokens will be highly deflationary.
Rollblock is currently in stage 4 of its presale with a selling price of $0.0172. The project has already raised over $1.5 million and analysts expect an 800% appreciation by the end of the RBLK presale.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
